Northeast Bank Q2 EPS $2.47 Misses $2.81 Estimate, Sales $51.765M Miss $54.826M Estimate

Northeast Bank (NASDAQ:NBN) reported quarterly earnings of $2.47 per share which missed the analyst consensus estimate of $2.81 by 11.94 percent. This is a 9.85 percent decrease over earnings of $2.74 per share from the same period last year. The company reported quarterly sales of $51.765 million which missed the analyst consensus estimate of $54.826 million by 5.58 percent. This is a 4.91 percent decrease over sales of $54.439 million the same period last year.